BAML is better than every EB
A pretty open person to my friends about how much I hate BofA and saw a lot of posts here hating on them lately so thought I'd share the reasons I hate them as well, feel free to chime in below on why you hate BofA.
BofA would come to my campus a twice a year for info sessions and OCR. My first info session the MD stood up to the front of the podium and spent 15 minutes on why BofA is top-tier bank because they hold analysts accountable for mistakes which helps you learn. He also told a "funny story" about how he once yelled at an analyst for making a mistake. Yes, this BofA MD was bragging about how bad his culture was. Fuck BofA.
At this same info session, above, we eventually broke out into networking which consists of 10 starry eyed sophomores surrounding an analyst and asking terrible questions while trying to sound smart. This analyst we were surrounding would ignore every question and spent 10 minutes talking about how much he wanted to go to Centerview and how much better it is there. I hope he didn't make it. Fuck BofA.
I went to a lot of bank info sessions during recruitment and there was one info session for an Asian bank (MUFG/) type bank. An analyst gave their background at the front and mentioned he lateral'd from BofA as did the MD and VP at the info session (all 3 lateral'd from BofA at different points of their career). I raised my hand and mentioned that they all left BofA and asked what stood out about their new Asian bank that inspired them to move? All 3 proceeded to shit on BofA's culture, basically ignoring my question because of their hate for BofA. Doesn't surprise me, fuck BofA.
For this same Asian bank above, I interviewed and one of my interviewers was a different associate (from the 3 above). Guess where he started his career? You guessed it, BofAbank. I asked him what led him to join his new bank and he straight up said that he hated BofA and that he would recommend that no one ever work there. Fuck BofA.
I reached out to network with 2 BofA analysts I had met at the info session mentioned in reasons 1-2 and both of them scheduled times to talk with me on the phone. Both of them, 5 minutes before the call was supposed to happen, proceeded to cancel on me. I reached out to follow up on our scheduled calls and neither of them responded and ghosted me. I skipped class to accommodate their schedule where they both somehow only had 30 minutes of availability right smack in the middle of the day (both of these calls were independent of each other and purely coincidental). I decided, due to reasons 1-5, not to apply to BofA. Fuck BofA
Senior year I took a physics class and we had an international TA who didn't have the easiest time speaking to the class in English. We had a TA teaching session where he went over a few homework problems and a girl there proceeded to openly trash talk him about how he wasn't clear and how he wasn't a good teacher. She then would interrupt him mid-sentence to ask him to repeat everything he said for the last 30 seconds because he wasn't being clear. She also yelled at him during this teaching session for some stupid reason that I forgot (I think the room was too hot?). Guess where she was an incoming analyst at? Yep, you guessed it, BofA. Fuck BofA.
I was meeting a friend of mine at a bar when we were interns (rip BBar). I got to the bar and saw him standing next to some guy and talking. I went up to them and introduced myself to the stranger and he proceeded to ask what I did and where I went to school (a lower tier ivy). I told him where I worked and went to school and asked him the same. He then proceeded to shit on my school for 2 minutes and went on and on about how much he hated my school and how we're bottom tier and not a good place to get an education. He then proceeded to tell me he was an investment banker at BofA and went to Harvard. The twist in all this? He went to Maryland (or some other state school) for undergrad and did some weird 1 year masters program at Harvard. Not only did this guy not really go to Harvard, he also has to work at BofA so he really took an L. The worst part? My friend had just met him but I thought they were friends, otherwise I would have decked his scrawny 5 foot 6, 130 lb ass. Fuck BofA.
Feel free to share reasons why also you hate the worst bank in all of finance.